Dudley Says High-frequency Trading, Not Regulatory Reform, To Blame For Bond Market Issues

By Steve GoldsteinMarketWatch Pulse

New York Fed President William Dudley says high-frequency trading and not regulatory reform is more likely to blame for issues in bond market liquidity. He says liquidity has only dried up in limited situations, like the Oct. 15 flash rally, according to a Reuters report of his comments at an industry event.

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